Monthly Parking near Pearl District
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The Pearl District is an area of Portland, Oregon, formerly occupied by warehouses, light industry and railroad classification yards and now noted for its art galleries, upscale businesses and residences. The area has been undergoing significant urban renewal since the mid-1980s when it was reclassified as mixed use from industrial, including the arrival of artists, the removal of a viaduct and construction of the Portland Streetcar. It now mostly consists of high-rise condominiums and warehouse-to-loft conversions. The increase of high-rise condominiums and warehouse-to-loft conversions was made evident with the construction of the Cosmopolitan on the Park building, which opened in Summer 2016. The Cosmopolitan on the Park residential building is now the tallest building in the Pearl District and the 8th tallest building in Portland, contributing to the changing Portland skyline. The area is located just northwest of downtown between West Burnside Street on the south, the Willamette River on the north, NW Broadway on the east and the Interstate 405 freeway on the west. The area is home to several Portland icons, including Powell's City of Books. The former Weinhard Brewery, which operated continuously from 1864 to September 1999, was shut down by Stroh's upon the purchase of the Weinhard's brand by Miller Brewing and sold for redevelopment as the Brewery Blocks. There are art galleries and institutions such as the Elizabeth Leach Gallery and Blue Sky Gallery (many who stage monthly receptions), boutiques, and restaurants abound, and also a number of small clubs and bars, a combination that has led to Pearl District being named one of the 15 coolest neighborhoods in the world in 2016. The United States Post Office main processing facility for all of Oregon and southwestern Washington was built in the Pearl District in 1964, next to Union Station. This location was chosen in order for the post office to be able to better serve towns outside the Portland metro area. The district includes most of the historic North Park Blocks (1869), as well as three public plazas: Jamison Square (2002) is built around a fountain which simulates a tidal pool that is periodically filled by artificial waterfalls and then drained into grating. Tanner Springs Park (2005) is a re-created natural area featuring wetlands, a walking trail, and creek. The Fields Park (2013) is a Neighborhood and Dog Park in the Northern part of the Pearl. The Park provides space for visual or performing arts, for community-building activities and has a large paved walking loop. - source: Wikipedia
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Pearl District Parking Statistics
- The average daily parking cost in Portland is $15
- There are approximately 8,500 parking meters in Portland
- There were 11,419,406 parking meter transactions in 2014 and 2015.
- On a typical workday, a peak of 85% of parking spaces are occupied
- Turnover of on-street parking spaces is relatively low, with average length of stays ranging from 2.5 hours to 3.5 hours
- Building permit data for mixed use buildings show that developers built one stall for every two new residential units